State governments start encashing guarantees provided by SunEdison after firm files for bankruptcy

India
Typography

State governments have started encashing bank guarantees provided by SunEdison for various solar power projects as the world's largest renewable energy company's bankruptcy filing in the US has started to impact its projects in India. 

 

The Jharkhand government has decided to encash SunEdison's bank guarantee for a 150 MW solar project the company won in March even as most projects of the company, including those in Andhra Pradesh, Karnataka and Madhya Pradesh, too have come to a standstill.

 

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter We Are Coming To Bhubhaneshwar, Mumbai And Kolkatta - https://t.co/nuk4A015hG
Tuesday, 12 March 2019 10:46
SolarQuarter Women Leaders  of 2019 In Solar Sector_Celebrating Achievements & Recognizing Excellence - https://t.co/blQxC1HEgd
Friday, 08 March 2019 10:14
SolarQuarter 40 Under 40 - India's 40 Most Promising Solar Business Leaders - https://t.co/7cHgPguhDQ
Tuesday, 05 March 2019 09:57

Advertisement